Faculty of Economics - Skopje University "Ss. Cyril and Methodius“ in Skopje
TRADITION KNOWLEDGE FUTURE
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Faculty of Economics – Skopje at a Glance
Leader in education - More than 60 years of tradition Highly professional and renowned academic staff Enticing the very best students Generating the most respectful professionals in business and economics
The Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje is the Republic of Macedonia’s most important and most highly respected provider of professional higher education in business and economics. The Faculty was founded by the Government of Macedonia on the 14th of November 1950 with the stated purpose of “theoretically building and practically preparing highly qualified economic professionals”.
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Faculty of Economics – Skopje at a Glance
More than 4.300
current students
More than 19.000
Bachelors of Science
More than 1.300
Master of Science
More than 220
Doctors of Philosophy
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Programme Portfolio
The educational process at the Faculty of Economics-- Skopje is organized in the following three academic levels of study, in accordance with the adopted European Credit Transfer System (ECTS): First cycle of studies (undergraduate): 8 semesters (240 credits)
Second cycle of studies (graduate): 2 semesters (120 credits) or 4 semesters (240 credits) Third cycle of studies (doctoral): 6 semesters (180 credits)
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First cycle of studies
The first cycle of studies consists of the following study programmes:
On successfully passing all required exams, students acquire a Bachelor of Science (BSc) degree.
Accounting and Auditing
Marketing
Management
E-business
Economics
Financial Management
International Trade
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First cycle of studies - Accounting and Auditing
Mandatory courses
• Principles of Economics; Mathematics for business
• Principles of Accounting
Semester 1
• Statistics for business and economy; Economics of Enterprise
Semester 2
• Cost Accounting
• Financial Accounting
• Principles of Management, Financial Markets and Institutions; International Marketing
Semester 3
• Quantitative methods
Semester 4
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First cycle of studies - Accounting and Auditing
Mandatory courses
• Financial Management
• Corporate Financial Reporting
• Management Accounting
Semester 5
• Auditing
• Accounting Information Systems
Semester 6
• Governmental Accounting and Accounting of Non-profit Organizations
• International Financial Reporting
Semester 7
• Internal Auditing
• Financial Statements Analysis
Semester 8
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Second cycle of studies
One-year second cycle of studies: Accounting and Auditing E-Business Management Economic Development and
International Finance European Studies Insurance Management Management in the Public
Sector Marketing MBA – Management Monetary Economics,
Finance and Banking Statistical Methods for
Business and Economics
Two-year second cycle of studies: Accounting and Auditing E-Business Management Marketing Monetary Economics,
Finance and Banking Statistical Methods for
Business and Economics
On successfully passing all required exams, including a public defense of a master’s thesis, students acquire a Master of Science (MSc) degree in Economics.
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Second cycle of studies - Accounting and Auditing
• External Reporting
• Auditing
• Financial Statements Analysis
• Strategic Management Accounting
Mandatory courses - Winter
• Financial Management
• Fraud Examination
• Performance Measurement
• Governmental Audit
• Accounting Information System & Technology
• Corporate Governance
Elective courses - Summer
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Third cycle of studies
Faculty of Economics – Skopje, Institute of Economics – Skopje, and Institute of Sociological and Political-Legal Research organize the study programmes of doctoral studies in four areas:
A doctoral student who has successfully completed the required courses and has publicly defended their doctoral dissertation acquires a Doctor of Philosophy (Ph.D.) in a certain scientific area.
Statistical Methods for Business and Economics
Organizational Sciences and Management
Economic Sciences
Demographics
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Publishing activities
Publishing is a key activity of the Faculty.
Substantial amount of publishing activities, especially in the publication of books, textbooks and workbooks for students from the first and second cycle of studies (more than 85 published textbook), and of approved Master’s and PhD dissertations. Annual of the Faculty of Economics – Skopje - publishing articles on a diverse range of economic issues since the Faculty’s foundation in 1950.
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International cooperation and research activities
More than 40 international cooperation agreements with prominent universities and faculties from Europe and all over the world.
More than 180 domestic and 25 international projects in cooperation with related domestic and international institutions (11 of these projects have been financed by the TEMPUS and PHARE programmes).
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Student and Staff Mobility
Our students and the academic staff are involved in international activities within the frameworks of the following programs: Erasmus Mundus mobility programs (primarily Join EU See and Basileus)
CEEPUS mobility grants
Best of South East program for trainee program or internship in Steiermaerkische, Sparkasse, Graz, Austria
Stipendienprogramm der Deutschen Wirtschaft – program for internship in German companies
International internships organized by AIESEC
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Accounting and Auditing Department and Participation on International Conferences
International Conference, IBAATA, Tallinn, Estonia, November 6-7, 2008 9th Annual Asian Academic Accounting Association (AAAA), Dubai, UAE, 29 November to 1
December 2008. 2009 Costa Rica Global Conference on Business and Finance, The IBFR, San Hose, Costa Rica,
May 27-30, 2009. 10th Annual Asian Academic Accounting Association (AAAA), Istanbul, Turkey, 15-18 November
2009. EAA – 34th Annual Congress of the European Accounting Association, Rome, Italy, 20-22 April
2011. 2012 Winter Global Conference on Business and Finance, IBFR, Honolulu, Hawaii, January 3-6,
2012. IAAER – Amsterdam Conference: Mastering Change – Improving corporate reporting and
auditing to match new demands, The Netherlands, 20 – 21 June, 2012.
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The 2012 International Conference on Business and Information (BAI2012), Sapporo, Japan, 3 – 5 July, 2012.
The 2013 International Conference on Business and Information (BAI2013), Bali, Indonesia, 7 – 9 July, 2013
14th Annual Asian Academic Accounting Association (AAAA), Penang, Malaysia, 27-30 October 2013.
International scholar activity of members of Accounting and Auditing Department
Members of the Accounting and Auditing Department have realized research and teaching activities as visiting scholars at international universities, such as:
George Washington University, USA
Fairfield University, USA
Arizona State University, USA
Northern Illinois University, De Kalb, Illinois, USA
Maastricht School of Management, Maastricht, The Netherlands
Wolverhampton University, Wolverhampton, UK
Gent University, Gent, Belgium
Deusto University, Bilbao, Spain
University of Graz, Austria
IAE de Paris, Universite Paris 1 – Pantheon, Paris, France
University of Iceland, Reykjavik, Iceland
Moskow State University, Moskow, Russia REPARIS-EDU-COP-VIENNA-16-17 January
Accounting and Auditing Department and Participation in Projects
Eurodimension of Accounting Education in Republic of Macedonia (TEMPUS), 2000-2001;
Building of the auditing profession in R. of Macedonia in context of its integration in the globalization process (comparative approach with developed economies and economies in transition), Ministry of Education and Science, 2000 – 2003;
Training on Local Government Accountability and Transparency in Financial Management, UNDP, Ministry of local self-government and Agency for state servants, Skopje, January-February, 2003;
SOFRECO Project - "Technical Assistance to the Ministry of Finance for Development of Internal Audit in the R. of Macedonia, may 2005 – January 2006.
ТEMPUS project for development of postgraduate studies in Е-business management through distance learning, MEMFES, 2006 – 2008.
CIPFA, London, Center of Excellence in Finance, Slovenia and Ministry of Finance, Certification program for public sector accountants, 2007
REPARIS – World Bank and ICCARM, 2009-2010 TIAPS - Center of Excellence in Finance, Slovenia and CIPFA, London, 2012 – 2013.
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Accounting and Auditing Department and Participation in Projects
WORLD BANK - REPARIS PROJECTS:
A Country strategy and action plan for reforms in the accounting and institutional strengthening in the Republic of Macedonia (2006)
Translation of IFRS and ISA’s into Macedonian (2009-2010)
Development of professional examination and CPD for ICARM (2009)
Report on observance of standard and codes for accounting and auditing
MINISTRY OF FINANCE:
Translation of IPSAS into Macedonian 2013
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Relation between professionals and University
Article 99 - LHE The student in each academic year shall compulsory attend practical education which shall not be shorter than 30 days as one of the conditions for enrollment in the following academic year. The manner and the terms of organising the practical education shall be prescribed by the Minister.
Article 141 - LHE Affirmed scientists, professionals and artists, regardless of the fulfillment of the terms established with the law for election of specialists and experts, upon invitation, may teach separate parts of an educational subject, in extent and in accordance with the provisions determined in the statute of the University.
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The Faculty, the Business Community and the Students
Developed network of more than 720 signed agreements for practice work engagement of the students
Summer School
Cooperation with AIESEC and
the Students’ Parliament
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The Accounting and Auditing Department and Professional and Regulatory body
Accounting and Auditing Department
1 Full Time Professor
Examination Committee
1 Full Time Professor REPARIS-EDU-COP-VIENNA-16-17 January
LEVEL 1 I. FINANCIAL ACCOUNTING II. AUDITING 1 III. MANAGEMENT ACCOUNTING IV. BUSINESS LAW AND TAXATION
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LEVEL 2 I. FINANCIAL REPORTING II. AUDITING 2 III. CORPORATE GOVERNANCE AND ETHICS IV. FINANCIAL MANAGEMENT
Syllabus of ICARM professional exam leading
to certified auditor qualification
Graduates holding B.Sc. or M.Sc. degree from the Accounting and Auditing Department are awarded exemptions from the following ACCA Qualification exams:
F1 Accountant in Business
F2 Management Accounting
F3 Financial Accounting
F4 Corporate and Business Law
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Exemptions awarded to Accounting Department
graduates from ACCA
Advantages of the cooperation between Accounting and Auditing Department and the profession
Enhancement of the gained theoretical knowledge with a practical experience
Development of professional skills for engagements performance in the field of accounting and auditing
Development of skill for professional judgment Getting acquainted with practical application of
accounting and auditing standards Lessened future employment of the best students
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Vision for future cooperation of the accounting and auditing department and ICARM
Promotion of the cooperation in the field of mutual trainings for certifying auditors
Increased participation of the certified auditors from academic environment in the continuous professional development
Carrying out joint researches in the field of accounting and auditing
Organisation of international conferences in the field of accounting and auditing
Publication of professional journal in the field of accounting and auditing
Attraction of an increased number of students for internship Recruitment of the best students into the profession
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Library
– More than 29.815 titles of books – More than 600 titles of periodicals – Subscriptions and access to online databases – Online subscription and access to the World
Bank e-Library – Online and offline subscriptions to European
Union databases – Economic dictionaries, guides, almanacs,
encyclopedias – Collections of books of Nobel Prize winners in
economics – More than 300 titles from the Government of
the Republic of Macedonia’s project to translate 1000 professional and scientific books and textbooks used by the most prominent universities in the USA, Great Britain, France and Germany in the field of Law.
One of the oldest and richest academic libraries with
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Facilities
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Faculty of Economics – Skopje with its affluent history
and dedication to the students enables unique
educational experience in facing the challenges and
employing the possibilities of the new era.
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Zorica Bozhinovska Lazarevska, Ph.D, CA
University Ss Cyril and Methodius,
Faculty of Economics
1000 Skopje
Republic of Macedonia
T +389 2 3286 871
F +389 2 3118 701
I www.eccf.ukim.edu.mk
Contact information